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one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries. it's meant to come from providers. however, what romney was saying is that if you take that much from providers, some of them are going to stop taking medicare parents. the trick for him is that paul ryan, his running mate, also assumed the same $716 billion. gwen: and i believe romney's answer to that was i'm the candidate. >> i'm the boss. we're going to put that money back into medicare. gwen: going into these debates we were all probably guilty of setting the expectations bar and it was pretty high for president obama. i think the polls before showed him like 51% thought he was going to win. 29%
one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries....
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promised so it's the estate tax plus a.m.t. plus keeping bush, plus lowering rates plus cutting capital gains taxes. you put them together, they add up to 5 trillion but in romney's mind his plan may be just saving the bush tax cuts or one of these five. >> what obama has done is landfalled onto a study that says because the math doesn't add up according to th experts, therefore what romney is going to do is raise taxes on the middle class. he goes around saying that as if it was romney's intent. that's not romney's intent. romney god -- got to say the president is the one who's not telling the truthecaui woul do . >> a romney advisor last week said we have two goals. one is deficit reduction, one is tax cuts. cuts ie w we'll do deficit reduction. gwen: there's anoth numbe $716 million to deal with medicare but it's coming from different places and going to different places and trefore th fin - of de u in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for
promised so it's the estate tax plus a.m.t. plus keeping bush, plus lowering rates plus cutting capital gains taxes. you put them together, they add up to 5 trillion but in romney's mind his plan may be just saving the bush tax cuts or one of these five. >> what obama has done is landfalled onto a study that says because the math doesn't add up according to th experts, therefore what romney is going to do is raise taxes on the middle class. he goes around saying that as if it was romney's...
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its own police force, no income tax, no sales tax, no capital gains tax to all the property tax and no federal regulation. it sounds good to me. the man behind it joins us now from honduras. you came on the show a year ago to discuss the idea of a free city and its thousand you have made progress. >> we made considerable progress. we expect we will be able to break ground within 30 days after the honduran government finalizes the legislation identifying the regions and also appointing a governor. john: already the honduran legislature passed the bill authorizing the general principles 126-1. they are behind it. >> incredibly popular. congress realizes the best hope for prosperity is to create a special development regions. model that the special development regions that have been so spectacularly successful in china which has cities scale special development regions. also dubai which had 110-acre region that had its own legal system that imported british common law "by international financial center which resulted in billions of dollars of capital flowing in and one of the greatest fin
its own police force, no income tax, no sales tax, no capital gains tax to all the property tax and no federal regulation. it sounds good to me. the man behind it joins us now from honduras. you came on the show a year ago to discuss the idea of a free city and its thousand you have made progress. >> we made considerable progress. we expect we will be able to break ground within 30 days after the honduran government finalizes the legislation identifying the regions and also appointing a...
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the stimulus was one-third tax cuts, big payroll tax cuts. plenty of tax cuts. >> very true. >> and for small business tax cuts, too. >> export boom, exports on a monthly basis have risen 50% from their low in march of 2009. the difference is that we have an economy in which rising demand doesn't necessarily translate into more jobs instantly because we're so good at being productive. we use machinery and software computers. the other big difference between now and the '40s and '40 50s the rest of the world had basically destroyed the rest of its capacity in world war ii so we made everything we wanted, cars, t-shirts, socks, televisions, electronics. we made that all here in the u.s., were consumed it. we exported it because nobody else was doing it. we are not going back to a world in which we will have a monopoly on industrial production. in fact, it's the opposite. everybody else now hats hardware to make all the stuff that we did, so it is much more of a challenge to just say, you know, we're going to do these sort of three things that w
the stimulus was one-third tax cuts, big payroll tax cuts. plenty of tax cuts. >> very true. >> and for small business tax cuts, too. >> export boom, exports on a monthly basis have risen 50% from their low in march of 2009. the difference is that we have an economy in which rising demand doesn't necessarily translate into more jobs instantly because we're so good at being productive. we use machinery and software computers. the other big difference between now and the '40s...
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he proposes a 20% across-the- board tax cut. >> marginal tax rate. >> alternative minimum tax. he proposes tax deductions in reducing the federal deficit by 2015. what that means is, over time, the analysis shows, $5 billion over the next decade. >> i am sorry, read my lips, we are running short on time. the joe and paul the day. >> this is deadly earnest. how they can justify, how they can justify raising taxes on the middle-class, who have been very the last four years. how come in lord's name, can they justify raising their taxes? >> vice-president biden just today said that the middle- class, over the last four years has been "buried." we agree. that means we need to stop digging, by electing a run in next president of the united states. >> what do you think, jonathan? >> you talk to a lot of folks in the romney campaign and is a joe biden is the gift that keeps on giving. you saw him pause when he said four years. i think he meant to say 10 years or something. it came out wrong. this is fodder for the romney campaign. all not changed, i do not think, in a huge way, the cou
he proposes a 20% across-the- board tax cut. >> marginal tax rate. >> alternative minimum tax. he proposes tax deductions in reducing the federal deficit by 2015. what that means is, over time, the analysis shows, $5 billion over the next decade. >> i am sorry, read my lips, we are running short on time. the joe and paul the day. >> this is deadly earnest. how they can justify, how they can justify raising taxes on the middle-class, who have been very the last four...
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a constitutional spending commitment on a temporary tax. that's kind of uncertain, as well. >> belva: we have so many hot issues, we have to move to one that is really hot, because it is burning the pocketbooks of the people of the state, and that's gas prices that seem to be gone a bit wild. >> to a record price in san francisco today, probably around the state by tomorrow. the average price in the bay area is $4.55. that is 16 cents more than yesterday. 37 cents more than a week ago and 70 cents higher than a year ago. so, it is a huge problem for the state of california. there are six primary factors that are contributing to this and they are very important. one is the chevron refinery that's 1 out of 8 gallons of fuel in the state of california. that's out of service for many months to come there was a major pipeline that chevron owns and operates that has been shut down since the middle of september, out of service, denies amount of crude oil, cutting down on supply. there was a fire in southern california at an exxon refinery, not a f
a constitutional spending commitment on a temporary tax. that's kind of uncertain, as well. >> belva: we have so many hot issues, we have to move to one that is really hot, because it is burning the pocketbooks of the people of the state, and that's gas prices that seem to be gone a bit wild. >> to a record price in san francisco today, probably around the state by tomorrow. the average price in the bay area is $4.55. that is 16 cents more than yesterday. 37 cents more than a week...
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tax policy center forecasts american households will pay on average $3,500 more in tax physician congress let the bush era tax cuts expire for everyone. what effect could that and across the board spending cuts have on the wider economy? a new report from the center for regional analysis at george mason university predicts that some 277,000 federal employees will lose their jobs in the next 12 months. that's 14% of the federal workforce. and 14 of the 17 economists surveyed by cnn money predict fiscal cliff will cause a new recession. interestingly all 17 believe the economy won't plunge off the cliff because they think congress will finally get its act together and do something in the lame duck session following the elections or when the new congress convenes in late january. lame in either case. but by then it could be too late for the economy because companies don't like uncertainty as you know and some say they are holding back on hiring. we can't have an economic recovery without job creation. >> so with the looming economic disaster like the fiscal cliff you would have expected the
tax policy center forecasts american households will pay on average $3,500 more in tax physician congress let the bush era tax cuts expire for everyone. what effect could that and across the board spending cuts have on the wider economy? a new report from the center for regional analysis at george mason university predicts that some 277,000 federal employees will lose their jobs in the next 12 months. that's 14% of the federal workforce. and 14 of the 17 economists surveyed by cnn money predict...
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. >>> people in fairfax county have a little more time to pay property taxes. annual car tax payments due by midnight. the website that accepts the payments crashed. they pushed the deadline back to midnight tonight. to pay your car tax online, head to fairfax county.gov/dta. >>> gas prices hit an all-time high in california topping $4.61 a gallon. a attempt error shortage in supply triggered the price spike. look at those prices. over $5 a gallon. officials expect prices to continue to go up over the next few days before leveling off. prices are more reasonable around our area. everything is relative. d.c. average price is $3.82 a gallon. $3.70 in maryland and $3.59 in virginia. >>> it's the rumble in the air conditioned auditorium. jon stewart and bill o'reilly facing off tonight right here in washington. let me tell you how i will create 12 million jobs when president obama couldn't. first, my energy independence policy means more than three million new jobs. many of them in manufacturing. my tax reform plan to lower rates for the middle class and for small
. >>> people in fairfax county have a little more time to pay property taxes. annual car tax payments due by midnight. the website that accepts the payments crashed. they pushed the deadline back to midnight tonight. to pay your car tax online, head to fairfax county.gov/dta. >>> gas prices hit an all-time high in california topping $4.61 a gallon. a attempt error shortage in supply triggered the price spike. look at those prices. over $5 a gallon. officials expect prices to...
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we have significant features of the individual income tax, corporate income tax, the estate tax, and apparel text which expire at the end of the year. in a deep sense, we don't know what our tax code is anymore. it would be nice if we emerged on the far side of the fiscal cliff with our leaders could get us back to a situation where we actually know what the tax code is. >> thank you. our next speaker -- speaker will be bob greenstein. >> there are two risks here. the obvious risk to the economy in the short term -- if we go over the fiscal cliff and the aggregate demand comes out of the economy that we will have a relatively mild recession in the first part of 2013 and we would be back and recovery by the second half of 2013. it would be a recession on top of where we are and that is not good. the bigger risk is the rest to the economy in the long term if we keep kicking the can down the road. how do we think about this? there's an interesting report that came out several months ago from the carlyle group. i want to briefly read what it includes. it says there will be a grand bargai
we have significant features of the individual income tax, corporate income tax, the estate tax, and apparel text which expire at the end of the year. in a deep sense, we don't know what our tax code is anymore. it would be nice if we emerged on the far side of the fiscal cliff with our leaders could get us back to a situation where we actually know what the tax code is. >> thank you. our next speaker -- speaker will be bob greenstein. >> there are two risks here. the obvious risk...
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and he opposes any new taxes. so on health care, he's kind of pulling up the ladder after him and his state. he's saying that he opposes universal health care at the federal level but he will not give states money they need to get it done at the state level. so under his plan there's no way to get universal health care done at all. but he doesn't really want you to know that. joining me now is jonathan gruber one of the folks who helped mitt romney design his health care law in massachusetts. it's great to see you. >> good to be here, ezra. >> you know these numbers for this plan, anything you want to fact check, correct or complicate here. >> no, you described it very well. i think what candidate romney is not owning up to is the fact that the federal government made our plan possible. they gave us the seed money, if you will, more than seed, more than half the money we needed to make it possible and the rest came from a tax that was already imposed on the state that mitt romney essentially rededicated to his eff
and he opposes any new taxes. so on health care, he's kind of pulling up the ladder after him and his state. he's saying that he opposes universal health care at the federal level but he will not give states money they need to get it done at the state level. so under his plan there's no way to get universal health care done at all. but he doesn't really want you to know that. joining me now is jonathan gruber one of the folks who helped mitt romney design his health care law in massachusetts....
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additional tax cuts to middle-class families, tax cuts for healthcare, tax cuts to help families pay for their college tuition, tax cuts for childcare. these families are struggling and hurting and they need more tax relief, not less tax relief. but to help get us on the path to a balanced budget, we want to get rid of some of the bureaucratic spending in washington. they've actually layered on more supervisory people, people at the supervisory level in this government. we also want to close some corporate loopholes. i want to be honest with people. we can't eliminate this deficit. people have heard that over and over and over in four years. we cannot do it. we're in too deep a hole. but we can cut the deficit in half and move this country back on a path to fiscal responsibility. >> 90 seconds, mr. vice president. >> the kerry record on taxes is one basically of voting for a large number of tax increases, 98 times in the united states senate. there's a fundamental philosophical difference here between the president and myself, who believe we ought to let the american people keep more
additional tax cuts to middle-class families, tax cuts for healthcare, tax cuts to help families pay for their college tuition, tax cuts for childcare. these families are struggling and hurting and they need more tax relief, not less tax relief. but to help get us on the path to a balanced budget, we want to get rid of some of the bureaucratic spending in washington. they've actually layered on more supervisory people, people at the supervisory level in this government. we also want to close...
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right now that's what our tax system does. we underwrite and subsidize the recklessly irresponsible through bailouts and insurance companis and car companies. the fact is, people who are working hard and doing well. and small business owners and big business owners who are not asking for uncle sugar to work for them they are getting punished. change that and we can get out of the debt problem. governor mike huckabee always a pleasure to have you on board. >> thank you, uma. >> he raised the bar and it is mitt romney's job to live up to the standards. >> you can't have a down moment. >> we see it in the polls. the polls are change things are getting closer and mitt romney is in the league. they saw them for the first time together . he cannot let down. >> my one on one with michael reagan, the son of a president many people credit with historic debate moments. ♪ [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare
right now that's what our tax system does. we underwrite and subsidize the recklessly irresponsible through bailouts and insurance companis and car companies. the fact is, people who are working hard and doing well. and small business owners and big business owners who are not asking for uncle sugar to work for them they are getting punished. change that and we can get out of the debt problem. governor mike huckabee always a pleasure to have you on board. >> thank you, uma. >> he...
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they are holding tax cut for 98% of american hostage until we pass tax cuts for the wealthiest 2% of americans. asked about how that we asked them how that helps the middle class. congress did to provide every responsible home owner a chance to save about $3,000 a year on the mortgage by refinancing at lower rates. i give them a plan to do that in february, a plan that has the support of independence and leaders across the housing industry. republicans will not the plan come to a vote. ask them how that helps home owners. third, congress need to step up and passed my plan to create a veteran's job corps to help our returning heroes find work as cops, firefighters, and park rangers and communities across the country. a few weeks ago, republicans in the state -- senate vote of the plan down. in other words, ask them to get back to work and get these things done. there is no time for political gains, even in a political season. everyone needs to do their part. if you agree with me, let your representative know where you stand. tell them that if they want your vote, they need to stand wi
they are holding tax cut for 98% of american hostage until we pass tax cuts for the wealthiest 2% of americans. asked about how that we asked them how that helps the middle class. congress did to provide every responsible home owner a chance to save about $3,000 a year on the mortgage by refinancing at lower rates. i give them a plan to do that in february, a plan that has the support of independence and leaders across the housing industry. republicans will not the plan come to a vote. ask them...
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there are $300 billion worth of tax cuts. it is easy to get tax cuts. sending people their money back. $200 billion of aid to states which giving to states so they don't have to cut their teachers and cops or reduce their medicaid services. we know how to give up $250 checks to seniors like the stimulus did or food stamps or unemployment benefits but the stuff that was spent people expected there to be a lot of fraud. 5% to 7% so far they put basically the toughest investigators in washington who is a guy who broke open the jack abrams of scandal and cause the oil regulators sleeping with oil executives, to oversee the stimulus and they found so far $7.2 million of fraud -- ted deutch elson implementation story federal lot more fun than they sound about the weatherization division and -- which was known as the turkey farm at the department of energy because that is where. basically send -- is impossible to get rich republican employees so he thought if you kill the weatherization program he would put the worst employees there and kill it and tell the st
there are $300 billion worth of tax cuts. it is easy to get tax cuts. sending people their money back. $200 billion of aid to states which giving to states so they don't have to cut their teachers and cops or reduce their medicaid services. we know how to give up $250 checks to seniors like the stimulus did or food stamps or unemployment benefits but the stuff that was spent people expected there to be a lot of fraud. 5% to 7% so far they put basically the toughest investigators in washington...
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>> he said for everybody, across the board. >> on top of the bush tax cuts? >> president obama during the debate said he is the one who is going to raise taxes by letting the bush tax cuts expire. >> but we just played two things back to back that do not match. >> look, he said all look, 20% across the board. i think there were two different things he was speaking about there. he has a very pro-growth policy. he has a policy to create 12 million jobs. >> so are you saying he misspoke in one of those? >> i'm not going to get into whether he misspoke or not -- what i know is he has said all along, 20% across the board for everybody, and that means everybody. to what specifically he was speaking there, i'm not exactly sure. but it's a clear choice what you have. we don't need to get caught up on the back and forth. he is going to put forward pro-growth jobs. and 7.8% is an anemic recovery. that is nothing to celebrate. i remember when president bush was criticized by president obama when i worked for him -- >> but for the past four years, republican have said sa
>> he said for everybody, across the board. >> on top of the bush tax cuts? >> president obama during the debate said he is the one who is going to raise taxes by letting the bush tax cuts expire. >> but we just played two things back to back that do not match. >> look, he said all look, 20% across the board. i think there were two different things he was speaking about there. he has a very pro-growth policy. he has a policy to create 12 million jobs. >> so...
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about lowering taxes isn't as attractive to them. therefore i'm not likely to draw them into my campaign. >> joining me now is karen finney former communications director for the dnc and msnbc analyst. karen, great to have you with us. >> good to see you, ed. >> was it a brilliant strategy on the part of the obama team for the president not to use the 47% remark to give an opening to mitt romney because a huge platform of 60 some plus million people. what about that? >> you know, that may very well be. i mean, the thing that, although that is so insulting is, think about it. just the clip you just played, the night that came out, the next day where did he go? fox news. with neil cavuto. again, he really stood by those comments. he said, well, i could have said them a little better but i really stand by the message. for the last two weeks he has been saying i stand by this message that those people, you know, that language, even in his ads he talks about those people, that they wouldn't be attracted to his message of lower taxes? i me
about lowering taxes isn't as attractive to them. therefore i'm not likely to draw them into my campaign. >> joining me now is karen finney former communications director for the dnc and msnbc analyst. karen, great to have you with us. >> good to see you, ed. >> was it a brilliant strategy on the part of the obama team for the president not to use the 47% remark to give an opening to mitt romney because a huge platform of 60 some plus million people. what about that? >>...
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when you take that with state income tax and payroll tax and real-estate taxes and gasoline taxes, all together that means small business that are highly successful will end up giving more of what they have the government. that will kill jobs. i do not want to kill jobs. my priority is to create jobs, and i will do that with everything i can do. we can do better. we do not have to stay on the path we have been on. there was a report that came out this morning on job creation this last month. there were fewer new jobs created this month than last month. the unemployment rate has come down very slowly, but it has come down nonetheless. the reason it has come down this year is due to the fact that more and more people have just stopped looking for work. if you drop out of the workforce, give up and say i cannot go back to work, i will stay home, if you drop out altogether, you're no longer part of the statistics. it looks like unemployment is getting better, but if the same share of people were participating in the workforce today as on day the president got elected, unemployment would be
when you take that with state income tax and payroll tax and real-estate taxes and gasoline taxes, all together that means small business that are highly successful will end up giving more of what they have the government. that will kill jobs. i do not want to kill jobs. my priority is to create jobs, and i will do that with everything i can do. we can do better. we do not have to stay on the path we have been on. there was a report that came out this morning on job creation this last month....
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i'm a former federal tax lawyer and a business owner. i get how jobs are created but i also understand how they're destroyed. >> joining me now is her competitor, jim graves, the democratic nominee for minnesota's sixth congressional district. jim, thank you for joining me. >> thank you for having me on. appreciate it. >> you had no political experience, jim, until you began your campaign. i'm sure your constituents want to hear what makes you qualified to serve in congress? >> i'm a business guy. i've created a lot of jobs. i understand the economy, budgets, how to get things done. obviously michele bachmann doesn't. so i'm prepared to go to congress and get things done, bring people together, make this economy work again and she doesn't. >> you just heard the congresswoman, though. how does your plan for the economy differentiate from hers? >> first and foremost we're not going to lower the minimum wage. that doesn't help anybody. what we need is good wage jobs. she's pledged to go to norquist and coke brothers. i'm pledging myself to
i'm a former federal tax lawyer and a business owner. i get how jobs are created but i also understand how they're destroyed. >> joining me now is her competitor, jim graves, the democratic nominee for minnesota's sixth congressional district. jim, thank you for joining me. >> thank you for having me on. appreciate it. >> you had no political experience, jim, until you began your campaign. i'm sure your constituents want to hear what makes you qualified to serve in congress?...
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and search tax holiday. >>> this weekend d.c. foodies will be able to take part in two major food festivals. first taste of d.c. kicks off today. more than 50 restaurants are taking part in the festival on pennsylvania avenue. this is between the white house and the capitol. ben's chile bowl also hosts its second annual world chile eating championship. as a precaution please shut down several roads surrounding the event. admission is $10. all restaurants have at least one taste menu item for $3 or less which is nice. today also marks the 23rd annual taste of bethesda. more than 60 restaurants are taking part in the event in woodmont triangle. admission is free. taste tickets are sold on site in bundles of four tickets for $5. >> stuff your face today and tomorrow you'll be in a food coma and there is your weekend pretty much. >> we also want to point out that out in manassas they have the manassas festival. in virginia as well as clifton days so a lot of stuff going on all around. >>> the time is 9:07. up next the football suspen
and search tax holiday. >>> this weekend d.c. foodies will be able to take part in two major food festivals. first taste of d.c. kicks off today. more than 50 restaurants are taking part in the festival on pennsylvania avenue. this is between the white house and the capitol. ben's chile bowl also hosts its second annual world chile eating championship. as a precaution please shut down several roads surrounding the event. admission is $10. all restaurants have at least one taste menu...
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i will not raise taxes on small business and not raise taxes on middle income families. >> reporter: he will spend a little more time in florida and campaign here tomorrow and he has been doing a bit of debate prep with rob portman, the senator from ohio and his debate sparring... playing the role of mr. obama and, monday, big foreign policy speech at the virginia military institute in virginia, and criticizing the president on foreign policy with specific criticisms of the way in which the administration handled the attack on the u.s. consulate in benghazi, libya, meant to signal romney will continue to attack the president on the economy, and jobs, but, also on foreign policy and all of the issues, of being commander-in-chief. in the 2012 campaign. >> arthel: thank you very much, a big crowd waiting for mitt romney and the president had no public events today but his campaign says that it has noted stopped him from shattering a major record. carl mentioned this earlier. september fund-raising ended at $181 million. topping his previous record by nearly $70 million. it's the biggest
i will not raise taxes on small business and not raise taxes on middle income families. >> reporter: he will spend a little more time in florida and campaign here tomorrow and he has been doing a bit of debate prep with rob portman, the senator from ohio and his debate sparring... playing the role of mr. obama and, monday, big foreign policy speech at the virginia military institute in virginia, and criticizing the president on foreign policy with specific criticisms of the way in which...
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we are going to help the working guy defeat the flat tax. i think obama said in his interview on reddit that he would pursue a constitutional amendment. he is saying, i will go door-to- door on this and i will make this our rallying cry across the country as a way to get support for my side. you could win people over by that. you could say, these guys are getting taking care of because they used to be -- this election is a little different, but it used to be, just the last two cycles, that was the bipartisan cry, right? that is what john mccain ran on to a large extent in 2008. i will get the powers that be in washington to reject special interest in washington. there is our real interest for one party to take this on and use it as a way of mobilizing. >> at the same time as the bipartisan ground has disappeared, it has become a much bigger issue among democrats. not only on the ground. senator feingold was a little bit -- you know, in many ways, that was a miracle. it was quite a political miracle. the democrats controlled congress until 20
we are going to help the working guy defeat the flat tax. i think obama said in his interview on reddit that he would pursue a constitutional amendment. he is saying, i will go door-to- door on this and i will make this our rallying cry across the country as a way to get support for my side. you could win people over by that. you could say, these guys are getting taking care of because they used to be -- this election is a little different, but it used to be, just the last two cycles, that was...
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taxes. >> for instance, he is going to raise taxes. vice president blurted out the truth. they plan on raising taxes trillion. they have already raised them a trillion. that is increases on taxes on small business, among other things. that will mean less jobs. >> reporter: on the campaign trail in ohio, president obama appeared to have a lot of fire that he seemed to be lacking on tuesday night. and accusing romney at shocking dishonesty and even though the deputy campaign acknowledged that tax cut would not be nearly 5 trillion dollars, it's something that the president repeated in cleveland. >> we put two wars a two tax cuts on a credit card. we didn't pay for them. now, mr. romney wants another 5 trillion dollars in tax cuts that he can't pay for. we're not going to let that happen. we are not going to fall backward, not with so much at stake. >> reporter: governor romney answering in the ad wars, as well. a new ad featuring melanie mack that mara that voted for president obama back in 20
taxes. >> for instance, he is going to raise taxes. vice president blurted out the truth. they plan on raising taxes trillion. they have already raised them a trillion. that is increases on taxes on small business, among other things. that will mean less jobs. >> reporter: on the campaign trail in ohio, president obama appeared to have a lot of fire that he seemed to be lacking on tuesday night. and accusing romney at shocking dishonesty and even though the deputy campaign...
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wealthy huge new tax breaks? because, according to experts, he'd have to raise taxes on the middle class, or increase the deficit to pay for it. if we can't trust him here, how can we ever trust him here? >> brown: meanwhile, on the fox news channel last night, romney reversed course on his remark that 47% of americans don't pay taxes and, in his words, are dependent on government, so he couldn't worry about them and their votes. >> in this case, i said something that's just completely wrong. and absoluly believe, however, that my life has shown that i care about the 100% and that has been demonstrated throughout my life. this whole campaign is about the 100%. when i become president, it'll be about helping the 100%. >> brown: still, president obama was having none of it. >> from the day we began this campaign, we've always said that real change takes time. it takes more than one year or one term, or even one president. it takes more than one party. it certainly can't happen if you're willing to write off half th
wealthy huge new tax breaks? because, according to experts, he'd have to raise taxes on the middle class, or increase the deficit to pay for it. if we can't trust him here, how can we ever trust him here? >> brown: meanwhile, on the fox news channel last night, romney reversed course on his remark that 47% of americans don't pay taxes and, in his words, are dependent on government, so he couldn't worry about them and their votes. >> in this case, i said something that's just...
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buildings and properties in the city which don't pay taxes but use our services and use our roads, put the stress or extra burden on property taxpayers. that is part of the burden they have to bear for being the capital city and some times what the state wants to do doesn't necessarily follow the typical ordnances most businesses and residents have to comply with. city ordinances don't necessarily apply to the state so it can be a fraction point but we try to work through those things and understand the benefits of being the capital city far away from the down side that we have to deal with but the biggest challenge is always jobs and that is true of any community. you have seen what we have to offer. it is a vibrant community and there's a lot going on and a brand-new hospital coming online and brand new courthouse that is a $15 million project and the commerce center down the road that is the major construction. we are going to have a big construction project on the interstate that will make traffic move better and commercial development going on in this city and in the census we gai
buildings and properties in the city which don't pay taxes but use our services and use our roads, put the stress or extra burden on property taxpayers. that is part of the burden they have to bear for being the capital city and some times what the state wants to do doesn't necessarily follow the typical ordnances most businesses and residents have to comply with. city ordinances don't necessarily apply to the state so it can be a fraction point but we try to work through those things and...
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is romney really not seeking a $5 trillion tax cut? will people be able to keep their health insurance under the president's plan? >> i always kind of approach it from they're both lying to me. so now i have to figure out which one is lying to me less and basing my decision on that. >> reporter: so i guess the question that i have that maybe you can't answer is why can't you make up your minds? >> they all said the rest of the debates are even more crucial. after watching round one, perhaps significantly change the entire race. ron allen, nbc news, denver. >> aides to mitt romney say he will spend part of today preparing for the next presidential debate, which is scheduled for october 16th. the president's team says he hasn't held any formal debate practice sessions since wednesday, and is spending today celebrating his 20th wedding anniversary. with me now is our brain trust panel, perry bacon jr. is an msnbc contributor and political editor at thegrio.com. jennifer rubin writes the right turn for the "washington post." and tara mcgui
is romney really not seeking a $5 trillion tax cut? will people be able to keep their health insurance under the president's plan? >> i always kind of approach it from they're both lying to me. so now i have to figure out which one is lying to me less and basing my decision on that. >> reporter: so i guess the question that i have that maybe you can't answer is why can't you make up your minds? >> they all said the rest of the debates are even more crucial. after watching...
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dollar tax cut. >> for 18 months, he has been running on this tax plan. and now, five weeks before the election. is he saying that his big bold idea is never mind. >> bret, how would you handle that, the tax debate? >> well, i thought governor romney really handled it well. he never let the president mischaracterize his tax plan. he, every tame the president tried to say it was a 5 trillion-dollar spending. governor romney went back, corrected the president, and then went back immediately on offense against the president's economic policies. >> of course, the president. >> he handled it exactly the way it should have been handled. >> of course the president didn't want to hear the word solyndra but it was brow up. listen to this. >> you put $90 billion, like 50 years worth of breaks into solar and wind. to solyndra and face cure and tesla and inner one. i have a friend who says you don't just pick the winners and losers, you pick the losers. >> good exchange there. real quickly because we're out of t
dollar tax cut. >> for 18 months, he has been running on this tax plan. and now, five weeks before the election. is he saying that his big bold idea is never mind. >> bret, how would you handle that, the tax debate? >> well, i thought governor romney really handled it well. he never let the president mischaracterize his tax plan. he, every tame the president tried to say it was a 5 trillion-dollar spending. governor romney went back, corrected the president, and then went back...
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we're in a situation worse than a colony because there's a worse one thing tax free in italy it's the highest in the world and our services so far are extremely poor we twenty billion nice enough from our regional resources each year and that's on bearable and these three. a couple days ago there was a siege of the same art bell powered by four workers and there's this huge waste and here in van it's all it's it's almost explosive sold today we had and thousands of people who have gathered in front of their regional government for sure in italy we're not the only ones there are really in sort of the i have a strong movement for it of course we were the best organized but soon after you know it's going to have to go other regions severely. more stories a features of videos and that listens and still for you on the web there you'll find study again study the european food safety authority has rejected the controversial reports by french scientists thinking g.m. point to cancer head online. radical muslim cleric abu hamza the and four other terrorist suspects that extradited to the u.s.
we're in a situation worse than a colony because there's a worse one thing tax free in italy it's the highest in the world and our services so far are extremely poor we twenty billion nice enough from our regional resources each year and that's on bearable and these three. a couple days ago there was a siege of the same art bell powered by four workers and there's this huge waste and here in van it's all it's it's almost explosive sold today we had and thousands of people who have gathered in...